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With low inventory, house hunters are in full safari mode

Housing Wire

The Leading Indicator of Remodeling Activity, or LIRA, a measure developed by Joint Center for Housing Studies at Harvard University , seems to support Mohan’s assessment, showing that year over year “expenditures for home improvements and maintenance will post a modest decline of 2.8% through the first quarter of 2024.”

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Features That Can Make Or Break The Value Of Your Home

Lamacchia Realty

In-Law Apartments How this can Increase Value: A well updated and cohesive In-law apartment is very attractive to buyers who are looking for one. However, it needs to be cohesive and not take away from the home’s overall appeal. This is one of the few home improvements that can increase the value as the years pass.

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5 Features That Can Make Or Break The Value Of Your Home

Lamacchia Realty

It is also a risk many home buyers wouldn’t want to take if they have young children. In-Law Apartments. Increase Value : A well updated and cohesive In-law is very attractive to those looking for one. It needs to be cohesive and not detract from the home’s overall appeal. To that group, it does add value.

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Does Adding an In-Law Suite Pay Off?

Empire Appraisal Group

Does Adding an In-Law Suite Pay Off? Source: Does Adding an In-Law Suite Pay Off? It could increase a home’s value or bring in rent – or be more trouble than it’s worth. NEW YORK – Accessory dwelling units are known by many names: in-law suites, guest houses, backyard cottages, or basement or garage conversions, among others.

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Lamacchia Realty Announces Top Producing REALTORS® for January 2022

Lamacchia Realty

Eileen was also one of three winners in the 2021 Summer Sales Contest with 14 homes under agreement in just three months! Click here to learn more about Eileen Doherty Liz Puchala has always had a passion for architecture, décor, and design. Since then, she has taken off running and has helped her buyers and sellers reach their goals.

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4 Ways to Turn Past Real Estate Clients Into Repeat Business

McKissock

For example, “Do you have DIY-loving customers who want to build a patio for their new home? Check out your favorite gardening, interior design or home improvement sites and forward any information that would appeal to their interests.”. Doug Breaker , CEO of HomeFinder.com , suggests appealing to their interests.

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Can I Take Out a Loan to Remodel My Home?

Assurance Financial

Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Learn more about loan options for remodeling your home to see which one will work for you.